News for 'comptroller-and-auditor-general'

CAG slams army for food given to troops in J&K, NE

CAG slams army for food given to troops in J&K, NE

Rediff.com3 Aug 2010

The Comptroller and Auditor General slammed the army for the poor quality of food items supplied to troops in Jammu and Kashmir and the northeast on Tuesday, noting that the rations had rotted in some cases.

Ensure a tax payer gets only one PAN: CAG to I-T

Ensure a tax payer gets only one PAN: CAG to I-T

Rediff.com18 Mar 2011

The Comptroller and Auditor General of India report for 2010-11 on direct taxes, tabled in Parliament on Friday, revealed that 958 lakh (95.8 million) PANs were issued up to March 2010 but IT returns filed in the last fiscal were only 340.9 lakh (34.09 million).

CAG: From account checker to conscience keeper

CAG: From account checker to conscience keeper

Rediff.com14 Mar 2011

CAG has come a long way from an institution created to set the British finances right after the 1857 revolt.

Air-India hid losses in 2009-10, says CAG

Air-India hid losses in 2009-10, says CAG

Rediff.com9 Feb 2011

According to an interim report of the government audit body, the loss should have been Rs 8,589.1 crore (Rs 85.89 billion), instead of Rs 5,551 crore (Rs 55.51 billion) as has been shown in the account books, sources said.

Banks' accounts under scanner for improper cuts

Banks' accounts under scanner for improper cuts

Rediff.com22 Dec 2008

Accordingly, the Central Board of Direct Taxes has asked its officials in the field to check every deduction claimed by banks against each claim. The CBDT action has been prompted by a recent assessment of banks carried out by the Comptroller and Auditor General.

Audit of space dept deal on: CAG

Audit of space dept deal on: CAG

Rediff.com7 Feb 2011

The Comptroller and Auditor General on Monday said that the audit of certain activities of Department of Space were under way but made it clear that media reports on alleged scam in a deal between ISRO and a private firm cannot be concluded as its "findings".

RIL special audit to be over in 6 months: CAG

RIL special audit to be over in 6 months: CAG

Rediff.com14 Jun 2010

The Comptroller and Auditor General of India (CAG) is expected to complete the special audit of the accounts of KG Basin oil and gas fields of Mukesh Ambani-owned Reliance Industries Ltd (RIL) by February next year, a top official said.

2G scam: No loss to the country, says Sibal

2G scam: No loss to the country, says Sibal

Rediff.com7 Jan 2011

"The figure of Rs 1.76 lakh crore (Rs 1.76 trillion) arrived at by the Comptroller and Auditor General of India is utterly erroneous," Union Telecom Minister Kapil Sibal said on Friday while addressing a press conference in New Delhi.

CAG pulls up govt for IGST mess

CAG pulls up govt for IGST mess

Rediff.com29 Nov 2021

The CAG has pulled up the union government for adopting an erroneous process of devolution of IGST to states and short-transfer of cesses to reserve funds, which resulted in under-reporting of deficit figures for the 2017-18 and 2018-19 fiscals. The Integrated Goods and Services Tax (IGST), which is levied on inter-state sale of goods and services, is shared between the Centre and states in the 50:50 ratio. In its report on the union government accounts tabled in Parliament, the Comptroller and Auditor General of India (CAG) found that a sum of Rs 13,944 crore was left unapportioned and retained in the Consolidated Fund of India (CFI) in 2018-19, even though the amended IGST Act now provides for a process for ad-hoc apportionment of IGST.

NREGA in UP: Lapses detected

NREGA in UP: Lapses detected

Rediff.com7 Aug 2009

In its report for the year ended March 31, 2008, the CAG has expressed serious concern over deficiencies like 'non-provision of the envisaged job guarantee to rural poor, fake payment of wages and delay in payment of wages to labourers'.

IT dept not taxing companies properly: CAG

IT dept not taxing companies properly: CAG

Rediff.com23 Apr 2010

The auditor of government accounts, CAG, has faulted the Income Tax department for levying Rs 708.6 crore less in taxes from companies including State Bank of India, Tata Sons, Mahindra & Mahindra and Bharti.

Outdated tech may cost 29,533 jobs

Outdated tech may cost 29,533 jobs

Rediff.com31 Jul 2009

Around 29,533 candidates who got registered at the state district employment exchanges are not likely to get jobs because of computer errors, caused by the staff at these exchanges, and usage of outdated technology, according to the Comptroller and Auditor General of India.

Why a second audit: Tata Comm asks DoT

Why a second audit: Tata Comm asks DoT

Rediff.com19 Apr 2010

The DoT is acting as a liaison between telecom companies and the CAG for an audit by the latter.

Govt will look into CAG criticism of Gorshkov deal

Govt will look into CAG criticism of Gorshkov deal

Rediff.com29 Jul 2009

"Before entering into any contract, the government will go through all details. We will assess the criticism, including that of CAG, on the issue. At present, the Gorshkov price escalation is in negotiation stage. Nothing has been finalised," Defence Minister A K Antony said during Question Hour.

Responses to CAG's queries soon: Minister

Responses to CAG's queries soon: Minister

Rediff.com7 Apr 2010

Even the CBI has filed a case against some unknown officials of the DoT for conniving with private companies for manipulation of licence terms and conditions.

Defence Ministry to probe Army's golf cart scam

Defence Ministry to probe Army's golf cart scam

Rediff.com11 Jul 2009

The Defence Ministry on Saturday said it would probe allegations of the Army spending Rs 1.17 crore on golf carts from special funds. Referring to the Comptroller and Auditor General slamming chiefs of the Army's Northern and Western Commands for alleged misuse of special financial powers during April 2002 and August 2007, Minister of State for Defence M M Pallam Raju said that "irregularities, if any, will be addressed."

AP govt doled out 'undue benefits' to Satyam: CAG

AP govt doled out 'undue benefits' to Satyam: CAG

Rediff.com30 Mar 2010

The state government allotted 50 acres of land near Visakhapatnam to Satyam Computer in December 2008 at a concessional rate of Rs 10 lakh.

Reliance may ask govt to refund its investment

Reliance may ask govt to refund its investment

Rediff.com17 Jan 2012

Reliance Industries may ask the government for a refund of its investment if it is forced to give up any part of the prolific KG-D6 block as it has spent a huge sum of money on exploration after obtaining necessary permission to retain the entire 7,645-sq km area.

BCCI will not be under CAG audit

BCCI will not be under CAG audit

Rediff.com23 Feb 2010

The Board of Control for Cricket in India no longer enjoys the tax exemptions it got in the guise of being a charitable organisation but the government does not plan to bring it under the ambit of audit by Comptroller and Auditor General.

CAG to audit accounts of 5 telcos

CAG to audit accounts of 5 telcos

Rediff.com12 Feb 2010

The Comptroller and Auditor General of India, the apex audit body, has decided to audit the accounts of five telcos-- Bharti Airtel, Reliance, Tata, Vodafone and the state-run BSNL-- for 2009-10.

Rs 50,000 crore missing from govt coffers: Modi

Rs 50,000 crore missing from govt coffers: Modi

Rediff.com16 Mar 2009

Gujarat Chief Minister Narendra Modi on Sunday night alleged that a report by the Comptroller and Auditor General of India had found that Rs 50,000 crore was unaccounted for and 'missing from the central government's coffers'."The country wants to know from Prime Minster Manmohan Singh about this money that has simply vanished," Modi said. Training guns on Dr Singh, Modi said the country should know whether the huge sum of "missing money was being used for the elections."

Only 40% farmers aware of relief packages: CAG

Only 40% farmers aware of relief packages: CAG

Rediff.com25 Apr 2008

Altogether 41,663 farmers in 383 villages in Washim, Yavatmal, Amravati and Buldhana districts of Vidarbha region were covered in the sample survey. Those reporting land holding in range of two to six hectares were 40 per cent and around six per cent reported land holding of more than six hectares, CAG said. Only eight per cent farmers confirmed visit of any government official in 2006, the report said.

Now, CAG to audit telcos' books

Now, CAG to audit telcos' books

Rediff.com25 Nov 2009

This comes on the heels of the department of telecom appointing private auditors to look into the books of telcos after it was detected that some of the operators were diverting revenues in segments which attracted lower licence fee.

Bihar heading to a revenue surplus

Bihar heading to a revenue surplus

Rediff.com23 Jul 2010

The report for the period ended March 2009, presented in the assembly by Deputy Chief Minister S K Modi, who holds charge of the finance department, said revenue receipts between 2008-09 increased by Rs 4770.97 crore (Rs 47.7 billion) mainly due to grants-in-aid and share of Union taxes from the Centre.

WHO auditor raps Satyam for slow work

WHO auditor raps Satyam for slow work

Rediff.com5 Feb 2009

Acting as external auditor to World Health Organisation, CAG flagged a number of risks associated with the execution of the Global Management System project, where Satyam happens to be the key contractor. The $55.5 million project was initially targeted to go live in September 2007, but was given its first extension until December 2007, then a second until March 2008 and a third until June 2008, the auditor said.

No undue benefit from KG gas, argues RIL

No undue benefit from KG gas, argues RIL

Rediff.com24 Apr 2014

Reliance Industries on Wednesday assailed reports of the Comptroller and Auditor General and expert P Gopalakrishnan, which have alleged the company got undue benefits pertaining to Krishna-Godavari basin gas and its pricing.

HC asks CAG to probe Mumbai-Pune expressway toll collection

HC asks CAG to probe Mumbai-Pune expressway toll collection

Rediff.com18 Mar 2021

The Bombay high court on Thursday directed the Comptroller and Auditor General of India (CAG) to look into allegations of irregularities in toll collection on the Mumbai-Pune Expressway.

CAG to hire around 3,000 annually

CAG to hire around 3,000 annually

Rediff.com18 May 2010

With audits being taken up in a host of areas including private firms now, the process demands trained manpower.

ADAG seeks revalidation of RIL gas field costs

ADAG seeks revalidation of RIL gas field costs

Rediff.com26 Aug 2009

This follows a letter by RIL to the ministry, justifying the increase in capex.

Chidambaram flays probe agencies, CAG for overstepping limits

Chidambaram flays probe agencies, CAG for overstepping limits

Rediff.com12 Nov 2013

Asking the Central Bureau of Investigation to respect the line that divides between policy making and policing, Finance Minister P Chidambaram on Tuesday came down heavily on investigating agencies and Comptroller and Auditor General for "overstepping" their limits by attempting to convert bonafide executive decisions into either crimes or abuse of authority.

Railways fail to achieve Plan targets

Railways fail to achieve Plan targets

Rediff.com23 Apr 2010

It was planned to add 2,000 kms of new lines, convert 10,000 km of metre/narrow gauge into broad gauge, double the 6,000 km of single track and electrify 3,500 km of routes during the 11th Plan.

No government action on most CAG reports

No government action on most CAG reports

Rediff.com20 Apr 2010

If CAG indicts Raja, will action be taken? asks Business Standard.

CAG finds Rs 1,846 cr irregularities in PSUs

CAG finds Rs 1,846 cr irregularities in PSUs

Rediff.com4 Aug 2009

Replying to questions in Rajya Sabha, he said CAG in its audit observations has pointed out financial irregularities of Rs 1404.32 crore (Rs 14.04 billion) in its 2008 report and Rs 4547.63 crore (Rs 45.47 billion) in the 2007 report. Deshmukh said CAG has also pointed out reasons for deficiencies in the accounts of PSUs.

Cost escalation for Gorshkov's refit ok: Russia

Cost escalation for Gorshkov's refit ok: Russia

Rediff.com28 Jul 2009

"At several occasions our leadership has given public statements on the issue. Each and every step in the process of the refit of the aircraft carrier is monitored by Indian navy's technical team and they have never raised objections," Vyacheslav Davidenko, the official spokesman for the Rosoboronexport state corporation, told PTI in Moscow.

CAG raps Centre for Gorshkov cost escalation

CAG raps Centre for Gorshkov cost escalation

Rediff.com24 Jul 2009

The Comptroller and Auditor General report for 2008, released in New Delhi, also questioned the prudence of the Ministry in buying the second-hand Russian warship, which now comes at 'half its life-span and about "60 per cent more expensive' than a new aircraft carrier.

Tribal students get books but no teachers: CAG

Tribal students get books but no teachers: CAG

Rediff.com13 Jul 2009

Tribal students in Jharkhand, who were given textbooks free of cost, could not use them as there were no "qualified teachers" to teach tribal languages, a Comptroller and Auditor General of India's report has said. The government in 2003 decided to introduce tribal languages for class I to V, it said.

Why CAG feels Chhattisgarh can't fight Naxals

Why CAG feels Chhattisgarh can't fight Naxals

Rediff.com30 Mar 2010

The police department had 49,143 units of weapons, of which 11,232 or about 23 per cent, were obsolete, the CAG report for the year ended March 31, 2009 said. There was also shortage of weapons as per Bureau of Police Research and Development (BPRD) norms.

India elected to IAAC

India elected to IAAC

Rediff.com3 Nov 2007

India has been elected to the newly established Independent Audit Advisory Committee, a five-member body which is expected to contribute to improving the accountability of the UN Secretariat to the member states.

'PSU bids waiver to Satyam?  Panel's nod needed'

'PSU bids waiver to Satyam? Panel's nod needed'

Rediff.com26 May 2009

Earlier this month, the corporate affairs ministry had written to various ministries including telecom, railways and steel seeking directions for public sector units under their administrative control for exempting Satyam from submitting audited balance sheets while bidding for projects of the state-owned firms.

Ex-CAG Vinod Rai apologises to Cong leader Sanjay Nirupam

Ex-CAG Vinod Rai apologises to Cong leader Sanjay Nirupam

Rediff.com28 Oct 2021

Nirupam had filed a defamation case against Rai after the former CAG in his book in 2014 made the allegation against him and repeated it in interviews to the media.